• Prime Minister Imran Khan Monday instructed that issues of special economic zones should be resolved on priority basis and measures for facilitating the investors should be implemented in the given timeframe.

    He was chairing a high level meeting here on Special Economic Zones.

    The Prime Minister was informed in detail about the steps taken by the government for facilitating the investors in the Special Economic Zones.

  • ISLAMABAD, Pakistan: The Ambassador of the Kingdom of Netherlands to Pakistan William Wouter Plomp accompanied by representatives from the Embassy of Netherlands met the Minister of State & Chairman Board of Investment (BOI) Muhammad Azfar Ahsan and the Secretary BOI Ms. Fareena Mazhar in Islamabad on Thursday.

    The BOI leadership sensitized the ambassador about Pakistan’s liberal investment regime and the incumbent government’s commitment towards investment promotion.

  • KARACHI: Foreign Direct Investment (FDI) increased 20 per cent year-on-year in the first half of 2021-22, reflecting an improvement in the investment environment.

    In the first half of the current fiscal year, FDI amounted to $1.05 billion against the inflow of $879.7 million in the same period of 2020-21.

  • Indonesia offers coal for CPEC power projects
    Envoy says Indonesian exporters can meet large chunk of Pakistan’s demand

    ISLAMABAD:
    The Indonesian coal industry is well refined and it can provide coal to Pakistan for power projects being developed under the China-Pakistan Economic Corridor (CPEC), said Indonesian Ambassador to Pakistan Adam M Tugio.

  • BRI & CHANGING GEOPOLITICS

    GEO-economy has become the “mantra” of every government in the world. Now Chinese “shared prosperity” and the US & West “hegemonic concepts” are competing to sway the hearts and souls of the people.

    China’s posture is open, transparent, unconditional, interactive, productive and participatory. Whereas, the US and the West are giving mixed signals pertaining to their obsession of military might, economic superiority, global outreach and so-called democratic philosophies and human rights prophecies but have not yet been borrowed these means of survival to other developing countries.

  • BEIJING: As the China Pakistan Economic Corridor (CPEC), a flagship project under the China’s proposed Belt and Road Initiative (BRI), has created new opportunities for economic growth and stability via a number of projects that are in full swing across the South Asian country, many third-country investors are also showing interest in the project.

    Saudi Arabia, United Arab Emirates (UAE) and Germany are among those that have taken moves on the cooperation with Pakistan via the flagship project. As China extends a welcoming attitude toward the investment, it is believed that the CPEC would continue to attract more third-country investors, industry observers told the Global Times.

  • ISLAMABAD: Board of Investment (BoI) on Sunday clarified that it has also sent a letter to Sindh government seeking information of potential Chinese companies (that have approached the concerned Federal Ministries/ provincial departments in the recent past with a definite investment plan).

    The information has been solicited by BoI in its letter of January 13, 2022 from fifteen Federal Ministries and the concerned six departments/agencies dealing in investment promotion and facilitation of all provinces and AJ&K, including Sindh Investment Department.

  • Peshawar - A total of 44 MoUs worth $8 billion have been signed for investment in Khyber Pakhtunkhwa at investment conference in Dubai on the sidelines of Dubai Expo 2020.

    Khyber Pakhtunkhwa Minister for Finance Taimur Khan Jhagra was the  chief guest while Additional Chief Secretary Shahab Ali Shah, provincial minister Shaukat Yousafzai, Special Assistant to Chief Minister on Trade and Industries Abdul Karim Khan, Pakistan Ambassador to UAE Afzaal Mahmood, Secretary for Sports,

  • PAKISTAN has decided to offer a permanent residency scheme for wealthy foreign nationals, including Sikhs living in the US and Canada, to attract investments, it emerged on Saturday (15).

    Information minister Fawad Chaudhry through an overnight tweet announced that the new scheme was in line with the new National Security Policy, which was formally launched by prime minister Imran Khan on Friday (14).

  • KARACHI: Special Assistant to the Prime Minister on China Pakistan Economic Corridor (CPEC) Affairs, Khalid Mansoor Thursday said that during the initial stage of the CPEC, power was too expensive because of the furnace oil cost, which could directly hit the country’s balance of payment position.

    Addressing the second day of “The Future Summit,” organized by the Nutshell Group in collaboration with the Martin Dow Group, Mansoor said the CPEC is not China-centric. From their viewpoint, it is all about regional connectivity. Apart from China, Special Economic Zones (SEZs) are open to entire world. “We will soon hold international conference on CPEC significance,” he added.